The master of science degree in entrepreneurship and innovative ventures focuses on the entrepreneurial and innovation process, by which inventions or creative new ideas are brought to market. Graduates achieve a unique combination of technical and business expertise that is especially relevant to start-up ventures.
Plan of study
The program requires students to complete 30 credit hours consisting of: -Six required core courses designed to increase a student’s knowledge of accounting, organizational behavior and leadership, technology management, entrepreneurship, marketing, and product commercialization. -Two innovation courses that increase student's knowledge of managing the innovation process. -Two elective courses that provide students with additional background in areas of interest.
Entrepreneurship and innovative ventures, MS degree, typical course sequence: -Organizational Behavior and Leadership -Marketing Concepts and Commercialization -Entrepreneurship and New Venture Creation -Legal and Accounting Issues for New Ventures -Financing New Ventures -Applied Venture Creation* Choose two of the following courses: -Project Management -Design Theory and Methods Seminar -Management of Innovation in Products and Services -Technology Management -Product and Brand Management -Commercialization and Marketing of New Products -Graduate Electives†
* Students enrolled in Applied Venture Creation (MGMT-765) may work on their own project in the course or they may work on a project in conjunction with Venture Creations, RIT's business incubator. † Graduate electives taken at RIT may be in courses outside the Saunders College.
Other admission requirements
-Submit official transcripts (in English) of all previously completed undergraduate and graduate course work. -Submit a current resume. -Submit an essay*. -Complete a graduate application, and submit the results of the Graduate Management Admission Test† (GMAT) or Graduate Record Exam (GRE) (GRE scores more than five years old will not be accepted).
* Applicants are required to submit an essay based on one of the following topics: (1) Describe an ethical dilemma you have faced and how you resolved it; (2) Explain what you have learned from a managerial, leadership, or team experience that was not completely successfully; or (3) Describe your greatest professional achievement and how you added value to your organization. The essay should be typed, double-spaced, and two pages in length. † The GMAT may be waived if an applicant has a GPA of 3.25 or higher, or they can present evidence of professional work experience of six or more years. Students who cannot submit a GMAT, GRE, or one of the two waiver requirements may be considered for admission on a case by case basis.